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Search Results 0 to 27 of about 28 (some duplicates have been removed)
to fight rebels in mali. eu foreign ministers in brussels for talks there. nato approved a mission to send 200 military trainers to help mali's forces. >> and they are considering other ways to help the government. the first troops from the african-led mission are due to arrive today. >> for more, we are joined by our brussels correspondent. the eu has agreed to send military personnel. do we have any idea what this mission will look like? >> it is important to stress first of all that the idea is not new. back in december, they agreed they saw the situation and said they would send down a couple of hundred instructors -- of around 200 instructors -- to train the army, and now, of course, in light of recent developments, this mission will be sped up, which means 200 instructors or 250 will be sent down. they will instruct the army in terms of basic military training, but also in the field of international and humanitarian law and how to protect civilians. there are not many details yet in the number -- and the number of people deployed to the ground could rise again. all we know is that th
legitimacy it was difficult to find any room for compromise. >> eu foreign ministers feel it's a haven for terrorist groups. they held an emergency meeting in brussels. they agreed to train government forces in mali. the islamist rebels control the northern part of the country. french troops moved in friday to stop them from pushing south. france ruled the country forde kids a until independence in 1960. the mali government asked the french for help. the eu ministers said they would send trainers. an advance team will arrive in a few days. the rest will set up a camp near the capital. it will not play a combat role. >> it's about the security of the people and in this context all the people of mali. we know very well how all of this needs to fit together into a comprehensive strategy. >> mali's foreign minister attended the meeting. he said people in the country must work towards stability and can do so with international support. >> the bank of japan is intended to be an independent body making their own decisions on interest rates among others but the central bank and the government
a referendum before the end of 2017 on whether to stay in the eu. he announced this amid growing calls to leave the european bloc sparked by the ongoing eurozone debt problems. >> i am not a british isolationist. but i do want a better deal for britain. but not just a better deal for britain. i want a better deal for europe too. so i speak as a british prime minister with a positive vision for the future of the european union. a future in which britain wants and should want to play a committed and active part. >> cameron did emphasize britain should not leave the eu. he insists that staying is in the country's best interests. >>> the japanese government has revised upward its overall assessment of the country's economy for the first time in eight months. the upgrade was due to an improvement in business sentiment stemming from a weaker yen and also higher stock prices. in the monthly report for january released wednesday the government says signs of bottoming out can be seen in some areas of the country's economic activity. that is an improvement from its previous evaluation which stated the ec
.k., the british finance minister, george osbo e osborne, wants the e.u. to toughen bank regulation across the 27 member states. britain's set plans in motion to separate retail investment decisions in part on proposals from the finnish central bank governor. the fed is also reportedly considering a plan to help banks avoid costly regulations aimed at preventing derivatives trading from being subsidized by taxpayers. the "financial times" says it stems from the lincoln amendment, included in the 2010 dodd-frank law. it prohibits banks that have access to federal deposit insurance or fed credit from acting as derivatives dealers. u.s. banks will still be able to trade some products like interest rate swaps. under the rule, foreign banks would be forced to move their u.s. derivatives activities off their books. >> yeah. if you followed that, you get a gold star this morning. it's a tricky one. >> there's a law that means foreign banks will have problems trading derivatives in the united states. >> charlie, any thoughts here? >> you know, it's part of this broad regulatory framework being put in pla
eu joins us from beijing with more of the details. eunice, there have been questions about china's reliability in data. over the past couple of years. >> there's always a big question about that. in fact, goldman sachs and ubs were some of the brokerages that came out recently questioning the latest december numbers for the export figures. they were concerned that the export numbers reported by china didn't seem to match the export data from its trading partners and the slow at some of the ports. that was raising questions. the chinese officials came out and defended the numbers and said that the numbers were all well and good. there is so much skepticism about that. the trade data was looking as though it was very much in flux. however, when you take a look at those in isolation, it raises a lot of question marks. but in terms of going forward, how you read these data points, most economists say you have to look at them as guidelines. this is a developing economy. so in terms of guidelines, the latest figures that we saw for 2012 in terms of gdp or for industrial output and ever
results in europe look set for a change. the eu muniea explains his investigation into the search engine. he's convinced google is profiting by diverting internet traffic for certain businesses. >>> american skres announced better-than-expected earnings for the fourth quarter. it saw revenues of $8.4 had billion. it will make big restructuring changes which includes 5,400 job cuts throughout the quarter. shares dipped in extended hours of trading the. >>> and the fate of superman remains firmly with warner brothers and dc comics after a decision from a california court. the court of appeals said that the rights for the man of appeals should not stay with the cocreators. the decision means that warner can release this summer's new superman reboot without fear of legal challenges. so we're watching today. who is your favorite hee roar? superman, ironman, super mario draghi? whoever you like, e-mail us, tweet us. my produces asked me who i thought my favorite super hero was. it took my a while to think about it, but then i thought hong kong fooey. there you go. many happy memories. talking
or not to stay in the european union, britain one of the e.u.'s largest economy, the most important financial center, and, oh, yes, the pound sterling at odds with the euro. markets up more than 4% year to date. my next guest says while some investors are still on the sidelines, we're beginning to see a little bit more interest. joining us now with his outlook for the markets and the economy, of course, chief investment strategist for ubs wealth management, mike ryan. mike, good to have you here. >> good to be here. lou: a lot of fun in the european union. start there. we're not hearing so much about the collapse of the e.u., david cameron has other ideas, but the reality seems to be that things are quieting down a bit over there and not influencing our markets nearly so much. >> i think that's fair. i think what we're seeing, really, in the eurozone is an absence of mall las. the last couple years, an existential crisis, would the euro and player survive? a lot has been taken off the table by the posture of the european central bank saying we're standing behind the sovereigns. where does the
in brussels, the e.u. expressed its solidarity with mali and support for france's action. >> there were a number of countries who made it very clear to france they would be willing to help and support france in every way and did not rule in or rule out any aspect of that including military support. >> the conflict in northern mali has displaced hundreds of thousands of people in the last year. many more have left their homes since the french offensive begun. occupation in the military offensive in mali continue to increase and the humanitarian situation in the country dwindled. they now say they rescued two million to deal with the crisis, one bound to get worse as the military offensive gets underway. al jazeera, mali. >> the u.s. has formally recognized somalia's government after 20 years. somali president said made the announcement alongside secretary of state hillary clinton in washington. >> somalia is part of the commission on the community and part of the world. somali and the united states are a model for democracy of the freedom of people, of the development of the human and th
brown with your fox news minute. talk of britain leaving the european union. eu membership will be up to a referendum. voters should decide whether the uk should stay in the 27 member euro zone. the first priority is renegotiating the eu treaty. timothy geithner at last they will be friday. president obama has elected jack lew. much of the u.s. experiencing the coldest temperatures in two years. for death are blamed on the cold snap. the bitter conditions are expected to stay into the weekend. dagen, back to you. dagen: jamie dimon apologizing. also, stepping up and saying back off. there is more regulation needed. he said all of this at the world economic forum. we are president and chief investment officer. he is in rochester, new york. maybe the only place on the planet that is colder than where you are sitting right now. >> happy to be here. dagen: what do you say to jamie dimon? there was one hedge fund manager that went after him. he said back off. >> well, jamie is right about the capitalization. he has incredibly strong capital. a lot of the standards forced the banks to have
, the money supply in europe has doubled versus last year. plus, last month the eu agreed to a common european banking regulator which was a very big deal. there was overshadowed by our - u.s. if a turn is coming, at least a bottom, you need to get in before that happens. think the bottom is for rear, i think the 2012 bottom stands, if you wait until everybody thinks it's obvious you'll be out, you'll be too late. remember, the european markets kept rallying last year despite all the worries about the continent's weakness, german market, french market up 20%. uk market up 13.5%. how do you play europe? i prefer the van guard msci euro etf, symbol vgk. that's victor george ken for all of you home gamers. i like it so much i own it for my charitable trust. you can follow it. a lot of reasoning why stephanie link and i co-director believe in this. it pays you a solid 3.7% yield while you're waiting. next up, yeah, there's -- china. not done. chinese economy has been in the process of bottoming for a while now. i think the genuine turn could be at hand. we know the chinese central bank has been pr
. in the u.k., this big e.u. debate about how important is european trade in the future, as well. you've also been speaking to the prime minister of latvia. what does he have to say? >> reporter:. latvia is a poster child, isn't it, for those on the right economically if you like who think that austerity and paying dunn your debts is the way that you restore growth. latvia had a very difficult crisis. they had negative growth and a contraction of the economy of somewhere around 20%. last year, they grew 5%. this year they're expected to grow 3.5%. and that's because they front loaded a lot of the cuts in government spending, and they forced down wage rates. i caught up with the latvian prime minister earlier this morning on "squawk box" and said, well, you've done it, greece, spain, italy, portugal, perhaps they should be learning lessons from you. let's listen to how he responded. >> i wouldn't go as far as now to tell exactly other countries what should be -- what they should be doing because each country has its own difficulties and its own way out of the crisis. but in general, we see tha
. i want you to react. start with number 10, that eu structural problems we main unresolved. when i first heard that, i don't think they will be unresolved. you're right, the market has bid things it's looking like the world is better. >> last year, all the european markets were up and europe was in a semi-recession and all the european markets were up semi-20% and i have them down this year in reaction. >> what about the euro? >> euro is relative to the dollar. ecb expanding the money supply and fedex spanding money supply. it's a race to the bottom. i don't know who will win it but i don't think there will be much change to the euro. >> i don't think euro ever resolves this issue, does enough to put them off when under pressure. >> sounds familiar. >> that's the environment we're in. i do think the markets are signaling core europe and stock growing again this year, growing uf to keep the eurozone out of its recession. if that doesn't happen, markets will go down. >> the surprise component of that is the 10% decline in the various european indexes. that's what people aren't prepar
for the eu and a different debate in the u.s. they are not on the same page. what concerns me is that we operating in all of these jurisdictions as ubs will have to comply with different models in different jurisdictions so there's just no way at the moment that i'm seeing any more that what we started off as regulators to do, and that is creating a global level playing field for large complex global bank, that that's going to emerge at the end of the regulatory transition because by now, even though we started with the standards that are common, we're ending up with national solutions for separating retail banks from investment banks, and they are going to look different all over the jurisdictions. >> where are we in terms of that recovery in 2013? what would be your expectation for the broad economy for the banking sector in terms of growth this year? >> i think by and large the global economy is going to, you know, come back to growth quite sizebly. i came back from china and after bottoming out at 7% is turning up. they are opening up for international banks. so china will lead the g
by the eu, the judge has been sanctioned by the eu. bill: he has a tough, tough reputation too this judge has, and the trial just startek. and his wife is on record as saying that everything that is coming out of there this week is a flat-out lie. what is the motivation beyond iranian media putting this word out, when in fact it's not the case. you're saying now this guy is still in jail, he's behind bars. >> he's in jail, he's facing abuse while he's in prison. and the iranian regime, the revolutionary garcia is trying to utilize the internal media to in order to tamper down any kind of global outreach that is going on media wise. what the iranians are doing through their media is no, no, no we are letting him out in a few days. meanwhile they are beating him. bill: torture. >> this is one of the worst prisons, eye rain and prisons. the media is utilizing a distortion campaign. it's called media advocacy. we are putting up the true facts, iran is distorting it to tamper down media significant in what is becoming a dangerous by the moment situation for the pastor and his family. he's 32 y
. reports say the action was taken on concerns was not complied to comply with eu safeguards against money laundering. the vatican is now looking for a non-italian bank to help with card services. they did not comment on the bank of italy's concerns. i'm assuming that the vatican is notre dame supporters, as well. >>> meanwhile, the countdown is on the u.s. jobs report. plenty more to come on "worldwide exchange" right after this break. >>> so naturally the jobs report will demand the bulk of the spotlight for investors. there are some other xhb reports out this morning. the nonfarm payroll reports out at 8:30 eastern. then we go the ism services index released at 10:00 a.m. eastern, looking for an index of 55.4 down from november. also at 10:00, we get november factory orders. janet yellen speaks about systemic risks at the annual meeting of the economics association at 3:30 p.m. futures are atlanta at the moment indicating a flat start but, of course, the open after the report that implied open for the s&p for what it's worth up .2 points for the s&p 500, dow jones is down 7 and fass dak
that they then find a solution presented to brussels and basically present the rest of the eurozone or the eu with a -- do you think this criticism is justified? >> certainly this is a point of criticism that's made outside of germany and france but that's made inside germany and france. some politicians frmt call for widening of the partnerships such as poll left-hand looking towards the east or spain or italy. even more so in the french population. there's a call of widening this partnership. as i've said, france and germany often do have contradictory policy positions. so other countries can really find themselves within these positions, i think. so at the end of the day, it's not so much i think a question of content, but rather a question of style. so what germany and france need to make sure is that they do show leadership, as i've said, to their political and economic weight, but they do find the balance between leadership and dominance because surely dominance is not what either of the two countries or any country in europe would want. >> lead but don't -- >> back to you. >> thank you
have reduced competition in 15 eu countries did in earnings from facebook after the market closes today. the company gains in the way from products and services. facebook expected to point to traction in mobile and ads. that is the latest from the fox business network hitting the power to prosper. making the big romantic gesture. that's powerful. verizon. get a nokia lumia 822 in red for free. ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all onhinkorswim from td ameritrade. ♪ cheryl: get ready, super bowl kickoff is four days away and that means the most anticipated commercial of the year are upon us. here with a first look at the commercials they will be talking about, but it's always great to see you. i feel like we have a super bowl date you and i. so you are doing it again, another year of user generated commercials. last year you give away how much money? >> $2 million. the newspaper and the online. u
. five my people will lose their jobs this year. an eu court ruled in favor of using the buzz trademark settling a century old feud with tech company. that is the latest from the fox business network giving you the power to prosper. cheryl: it is time for your "west coast minute." a gun buyback program is being called a success. gift cards were handed out in exchange for 386 weapons pointed at the event. officials say in the wake of recent shootings, they will be holding many more similar programs in the near future. a feud among dairy producer in california could be great news for wisconsin cheese makers. they have benefited for years because they paid lower milk prices. but if the playing field is leveled, the difference could be worth 200 million in sales. shifting to wisconsin cheese. it makes good fondue. although it has been confirmed the sacramento kings have been sold retail investor, seattle fans may want to hold off on celebrating. the nba still has to confirm the deal and at that point sacramento mayor, former nba star himself, could submit a counter offer. there are also los
. bmw the standout, up .4. there were only two countries in the whole of the e.u. where they improved new car registrations, one was the u.k. although the wider economy is fairly weak. and with bond yields heading toward the u.s. session later, gild lower. and it is worth pointing out that there was a syndicated $6 billion 15-year issue. they're looking to raise $3 billion to $5 billion. italy nearly raised 10% of required funding for the year. they're frontloading debt kwa t requirements as they should over the first couple of weeks. that's where we stand in europe. back to you. >> a 50-year issue. holy smokes. thank you. >> 15 -- >> 15? oh, i misheard. that was the italians, right. >> 15. >> got it. >> yeah. >> thank you. >>> coming up, the state of the financial -- see, i'm glad i asked. the industry's leading trade group joins us to talk profits, regulation, and a whole lot more next. >>> first, heading to break, look at yesterday's winners&losers. ♪ [ male announcer ] don't just reject convention. drown it out. introducing the all-new 2013 lexus ls f sport. an entirely new pur
a departure from the e.u. reme we ng about that, but some kind of modification. they have more financial transactions to tax than anybody else in europe. i mean, france and germany can say they have no problem with it. that's because they don't have that many of them. so that's why. >> you know, michelle, the big story may be whether or not "downtown abbey's" finances are being mismanaged. >> if they reduce the number of seasons because of that, that would be terrible. >> i knew that would get you. thank you, michelle. >>> let's get a check on energy and commodities. >> hey, from europe to asia, we're looking at japan as a key driver in the commodities markets today. of course the bank of japan stimulus plans, something that's helping many commodities including gold and the fact we may see inflation down the road for gold. and we're finding them above the 16 90 level. it looks like it could be a doubtful case for gold to continue its gold run. that something that citi is looking at its inability to sustain above the $1,800 level. that may weigh on the bullish case for gold. that's accord
cameron puts off his big eu policy pictures first. the fed putting out a statement saying there are less than 30 british nationals overnight in those events. in the meantime, a moratorium indicating that the terrorist groups are going to use these kidnappings as a way of furthering their activity and raising funds. they're warning algerians, in fact, to stay away from some of these sights and is we've had guests this morning telling us that they think the market is underappreciating that this is a game changer in activity not just in mali, but across west africa in general. lastly, the aussie/dollar is down, too. there is some risk coming out in this risk off despite stocks doing better. the dollar/yen had punched through 90. it's now below 89. that was above 1 is.25. it's moving back to some of its gains. so some major levels hit in forex today, guys. it's not just about 1500 on the s&p. although to be sure, people around the world will be watching that level, as well. back over to you. >> kelly, are you behind the jap foes because they are the ultimate kainsians at this point? >> no. w
versus the dollar. and you can see right now, the dollar is stronger against the eu euro. gold prices are down by about 6.30, $1675.30 an ounce. right now, let's get to the global markets report. ross westgate is standing by in london. good morning. we haven't seen you in quite a while. you have a lot of red behind you this morning. >> we have, indeed, becky. i saw andrew more recently than i've seen you over there in davos. yeah, look, we are down. you can see decleaners outpacing the decliners. we're down at the session low. down around .0. the spanish market down 1.5%. that's down to bank stocks. they're all off heavily because of santander. santander is europe's largest lender in the eurozone. stock off 2.3% today. there's 2012 net profit more than halved hurt by big losses in real estate, write-downs and property assets. also key growth spots as latin america down, as well. they're setting aside another 18 billion or 19 billion euros for provisions in 2012. they said they may still sell some more addette az. there's a lot of restructuring going on, as well. the market has been fo
. -- that our current immigration system is not working effectively, indeed is 235eu8ing 0en 00 -- indeed is failing ton a daily basis cannot be denied. it needs to be fixed. it is a challenge for us to do so and will not be easy. i would, however, warn my colleagues that a framework is not a bill. and in 2006 and 2007 with the full support of the republican president of the united states, a bipartisan committee announced with great confidence that they had a plan that was going to fix our immigration system and we were all just going to line upped and vote for it much the masters of the universe had decided -- they'd meat in secret, they had all the special interest groups gather and they had worked out a plan that was going to change our immigration system for the better and we should all be most grateful. it came up with 2006, it did not pass. it came back again in 2007 with even more emphasis, and it failed coul loss -- and it failed colossally. it did not do it what they said it would do. it did not end the illegality. it did not set forth a proper principle of immigration for amer
Search Results 0 to 27 of about 28 (some duplicates have been removed)

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